SCHEDULES

F1SCHEDULE 1AReferences to people with significant control over a company

Annotations:
Amendments (Textual)
F1

Schs. 1A, 1B inserted (26.5.2015 for specified purposes, 6.4.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 3 para. 2; S.I. 2015/1329, reg. 3(a); S.I. 2015/2029, reg. 4(a)

F1PART 3Supplementary provision

Rights treated as held by person who controls their exercise

C121

1

“Arrangement” includes—

a

any scheme, agreement or understanding, whether or not it is legally enforceable, and

b

any convention, custom or practice of any kind.

2

But something does not count as an arrangement unless there is at least some degree of stability about it (whether by its nature or terms, the time it has been in existence or otherwise).